Smith Victor Remon 4

What Happened
Smith Victor Remon, Senior Vice President at Kroger Co. (KR), disposed of shares to cover tax withholding tied to restricted stock. On 2026-03-09 he surrendered 396 shares at $73.37 each for $29,055, and on 2026-03-10 he surrendered 472 shares at $72.24 each for $34,097 — a combined 868 shares and $63,152 in proceeds. These were not open-market investment sales but tax-withholding dispositions related to a restricted stock award.

Key Details

• Transaction dates and prices:
  • 2026-03-09: 396 shares @ $73.37 = $29,055
  • 2026-03-10: 472 shares @ $72.24 = $34,097
• Total disposed: 868 shares for $63,152.
• Filing: Form 4 filed 2026-03-11; appears to be timely relative to the transaction dates.
• Footnotes:
  • F1: These dispositions were to pay tax liability associated with restricted stock (tax withholding).
  • F2: The filing notes that total securities owned include shares in the company’s employee benefit plans deemed “tax-conditioned” under Rule 16b-3.
• Shares owned after the transaction: not specified in the filing; ownership totals may include employee plan shares per F2.

Context
These transactions reflect tax-withholding dispositions (common when restricted stock vests) rather than discretionary open-market sales. Such withholdings are routine administrative actions and do not, by themselves, indicate the insider’s view of the company’s stock.